MCX plans to launch spot trading in gold?

Traders started building bullish bets on gold early Friday, a day after short covering pushed up the price by 1% to Rs 26,900 per 10 gm.  The build-up in intraday bullish bets is borne out by options data on US bourse Comex. At about noon India time, traders on Comex purchased more call options of the $1,200 strike price for June, while open interest in the $1,200 put options declined.  The...

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